By DBS In Advice, BlogPosted 13/07/2022 Rewarding Your Staff As a business owner, your staff are the most important asset you have, and it is therefore imperative that you treat your employees well so that they feel appreciated. If they feel appreciated [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 13/07/2022 The Young Innovators & Made Smarter Innovation Alley The Young Innovators Awards 2022/23 Ground-breaking ideas can come from anyone and everyone. Innovate UK are on the hunt for innovators who could benefit from a business-boosting support [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 12/07/2022 MTD for income tax – Quarterly information to be reported by businesses Making Tax Digital (MTD) for Income Tax will apply to sole traders, property landlords and certain other businesses with gross turnover and/or property income over £10,000 a year and will [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 11/07/2022 Cash flow is the most important issue in my business Do you agree? Many of our other clients do. In this uncertain economy, managing your cash flow is more important than ever. If you are concerned about future trading conditions, then take some [...] 0 Read More
By DBS In Advice, BlogPosted 07/07/2022 The Benefits of working with a Hospitality Specialist Accountant Managing a company within the hospitality industry is challenging, especially during recent times. Whilst general accounting practices still apply for hotels and restaurants, there are some [...] 0 Read More
By DBS In Advice, Blog, Charities and Social EnterprisesPosted 29/06/2022 A Guide to Non-Profit Accounting Non Profit Organisations are created in order to pursue a goal for a particular cause. In doing so, all the proceeds go towards this cause rather than being paid to shareholders. These [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 28/06/2022 Claiming tax relief on work expenses The cost of living increase means it’s never been more important for your employees to claim tax relief on work-related expenses. HMRC want to encourage employees to claim money they are entitled [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 27/06/2022 Employees provided with electric cars should check they are taxed correctly HMRC’s online forms P11D and P46(vehicle) have a bug that prevents it from always calculating electric car BiK accurately. Check your tax code numbers if you have an employer-provided [...] 0 Read More
By DBS In Advice, BlogPosted 21/06/2022 Making Tax Digital coming in for self-assessment In a Ministerial Statement issued on 23rd September 2021, it was confirmed that Making Tax Digital (MTD) for income tax self-assessment (ITSA) is indeed coming but will be pushed back one year [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 21/06/2022 Making Tax Digital for VAT – New penalties for non-compliance HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules. In particular, there is a new [...] 0 Read More